Metaplanet Eyes More Bitcoin By Issuing 21 Million Shares to Raise $745 Million

Cryptopolitan

2025-01-28 14:59:48

BTC-2,69%

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Japanese publicly traded company Metaplanet wants to raise 116 billion yen ($745 million) to buy Bitcoin. In what will be the largest capital raise ever in the country’s history, the company is offering 21 million shares at a 0% discount

According to the company’s announcement, the board approved the issuance of the 13th to 17th series of its stock acquisition rights in its January 28 meeting. These rights will give holders the right to buy Metaplanet shares at a predetermined value before th

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